Professional Financial Advisor Program – Policies

Program FAQ

 

Cancellation (Semester and Self-Study)

 

You have 30 days from the date of registration to withdraw from the PFA program and receive a partial refund (no refunds after this date). Refund will be calculated based on registration cost minus cancellation fee of $75 + taxes.

Cancellation Fee:

Members/Non-members: Refund minus $75 + taxes

To cancel your registration, contact Member Services via info@advocis.ca, 1-877-773-6765 or 416-444-5251.

 

Extensions

If you require additional time to complete your course, you may purchase an extension.

  • Extension is 90 additional days from course expiry date
  • You retain all completed assessments and may continue from where you left off
  • Extensions must be requested at least 10 business days before the end of the 6-month term for the course.
  • Extensions apply to the course term only. You are still required to complete the program (courses 1-4) within the two-year term.

Extension Fee:

Members/Non-members: $75 + taxes

To request an extension, please contact Member Services via info@advocis.ca, 1-877-773-6765 or 416-444-5251.

 

Exam Rewrites (Semester and Self-Study)

FP Module Exam

If you are unsuccessful on your FP Module Exam, you may request up to two (2) exam rewrites. Following receipt of your request, you will be able to rewrite within 1 to 2 business days.

FP Module Exam Rewrite Fee:

Members/Non-members: $75 + taxes per rewrite (2 rewrites allowed)

Course Exam

If you are unsuccessful on your Course Exam, you may request one (1) rewrite. Following receipt of your request, you will be able to rewrite within 1 to 2 business days.

Course Exam Rewrite Fee:

Members/Non-members: $75 + taxes for rewrite (1 rewrite allowed)

Final Comprehensive Exam

The Final Comprehensive Exam is scheduled four times a year (February, May, August, November) beginning February 2022. If you are unsuccessful on your Final Comprehensive Exam, you may request one (1) rewrite for the next available exam session.

Final Comprehensive Exam Rewrite Fee:

Members: $150 plus taxes for rewrite (1 rewrite allowed)
Non-members: $350 plus taxes for rewrite (1 rewrite allowed)

To request an exam rewrite, contact Member Services via info@advocis.ca, 1-877-773-6765 or 416-444-5251.

 

Transfers (Semester and Self-Study)

The PFA Program is offered in two formats – Semester and Self-study. You may elect to transfer once from one format to the other at no fee. Additional transfers are $75 each plus taxes.

Please note that PD activities will not be retained after transfer. You will be required to resubmit your activities.

To request a transfer, contact Member Services via info@advocis.ca, 1-877-773-6765 or 416-444-5251.

 

Deferrals (Semester only)

If you are unable to successfully complete a PFA course within the 6-month course term, you may defer to the next semester that the course is being offered (i.e. Defer from Spring 2021 Semester– to Fall 2021 Semester). The following rules apply:

  • PD activities will not be retained after deferral. You will be required to resubmit your activities.
  • Only one deferral allowed.
  • Granting a deferral will mean a 6-month period will be added to the term length of the PFA program.

Deferral Fee:

Members: $150 + taxes for deferral (1 deferral allowed)
Non-members: $150 + taxes for deferral (1 deferral allowed)

To request a deferral, contact Member Services via info@advocis.ca, 1-877-773-6765 or 416-444-5251.

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